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To: kbert who wrote (13531)7/22/1999 9:53:00 AM
From: vagabond  Respond to of 13776
 
More MFMI news (let's hope this has a better effect than yesterday's)...

Vagabond
===================
(BSNS WIRE) Advanced Communications Technologies, Inc., Forms AGC, a New
Advanced Communications Technologies, Inc., Forms AGC, a New Communications
Company, $40 Million in Projected Revenues for 2000


Business and Technology Editors

NEW YORK--(BUSINESS WIRE)--July 22, 1999--The Board of Directors
of Advanced Communications Technologies, Inc. ("ACT") (OTC BB -"MFMI")
announced today the formation of a new communications company called
Advanced Global Communications, Inc., ("AGC") that will be a wholly
owned subsidiary of the parent company, ACT.
Mr. James Rennie, a twenty-year veteran of the Telecommunications
Industry, was appointed President of AGC, on July 15th, 1999. Mr.
Rennie has an extensive sales, and engineering background in multiple
types of switching platforms and network services. He is regarded as
an expert in all types of Satellite communications; as well as in ATM
and Voice IP network design and structure. Mr. Rennie founded and
managed two successful Internet Service Provider ("ISP") companies in
Florida prior to joining ACT.
The new corporation will be the operational arm of ACT for all
USA based communications operations as well as the holding company for
all currently owned switching operations, and planned acquisitions of
other switching and communications companies. The formation of the
company is consistent with ACT's plans to aggressively pursue the
acquisition of smaller telecommunications enterprise specializing in
International origination and termination, via ATM switching and Voice
IP. It is also consistent with ACT's previously stated objective to
establish a nationwide communications network for the field testing
and demonstration of the SpectruCell wireless network, as well as for
the generation of immediate revenues.
The Chief executive Officer of ACT, Mr. Roger May said " The
profit margins associated with the termination of international voice
and data traffic can be much higher than revenues from local long
distance, especially when utilizing Voice IP backbone. Contracts
secured recently reflect profit margins of 10 cents to 25cents per
minute, or for the volume of international minutes contracted, net
revenues of $1,000,000 per month, with the first earnings receipts due
in mid August, 1999". "May also said that current estimates indicate
that AGC will be able to achieve a monthly revenue rate of $100
million per year, prior to June 30th, 2000". Revenues for 1999/2000
should reach $40 million.
May also said "the company is currently completing the
acquisition of a Company with proprietary technologies in the field of
microwave transmissions. The primary technology is "Spectrum Efficient
point-to point Digital Microwave". The product is currently
operational and was field tested earlier this year for four months
over a 65 mile link, achieving 100% efficiency with zero bit error
rate, and data rates 15 times greater than currently available point
-to-point microwave links used by network providers at present." The
company also has a CDMA wireless local loop technology currently
operational and in production. Full details will be made available
upon the completion of the acquisition.
The foregoing contains forward-looking information within the
meaning of The Private Securities Litigation Act of 1995. Such
forward-looking statements involve certain risks and uncertainties.
The actual results may differ materially from such forward-looking
statements. The company does not undertake to publicly update or
revise its forward-looking statements even if experience or future
changes make it clear that any projected results (expressed or
implied) will not be realized.

--30--mj/ny*

CONTACT: Advanced Communications Technologies, New York
Roger May, CEO
949/757-0779, or 516/816-5777
Fax: 949/477-4937
actusa2000@aol.com




To: kbert who wrote (13531)7/22/1999 9:56:00 AM
From: vagabond  Read Replies (1) | Respond to of 13776
 
Some KAHI news...

-------------
(COMTEX) B: Kaire Holdings Announces That David Kazarian, RPh, FASCD,
B: Kaire Holdings Announces That David Kazarian, RPh, FASCD, President of the
American Society of Consultant Pharmacists, and President of Infuserve America,
Has Been Named President and Senior Strategist of Vitaplanet Online Drug Store
and Pharmacy Unit

LOS ANGELES, Jul 22, 1999 (BUSINESS WIRE via COMTEX) -- Kaire Holdings
Inc. (KAIRE), an emerging developer and operator of pure play Internet
initiatives combining unique technologies with specialized products and
services for targeted consumer and business market segments, announced
today that David Kazarian, RPh, FASCD, President of the 7,000-member
American Society of Consultant Pharmacists, and President of Infuserve
America, has joined KAIRE as President and Senior Strategist of
Vitaplanet Online Drug Store and Pharmacy Group.

Kazarian brings to Vitaplanet an unparalleled level of professionalism,
knowledge and expertise acquired over decades in the pharmacy industry.
Kazarian has built successful retail and commercial pharmacy business,
and developed innovate techniques that automated many routine pharmacy
tasks, and whose record of public service on behalf of health care is
unparalleled, extending even to the Kennedy and Clinton health care
reform initiatives currently under debate on Capitol Hill.

In 1974, while operating a single pharmacy in Connecticut, Kazarian
introduced a comprehensive automated system for records management.
Almost immediately his pharmacy's commercial nursing home business took
off, forcing him to establish a separate company to focus exclusively
on long-term-care patients.

During the next few years, Kazarian expanded from one pharmacy to a
chain with locations in every professional building in Hartford. He
also founded a consulting business to serve the then-growing base of
patients in extended living facilities, hospitals and retirement
communities. Kazarian Pharmacy's annual revenues increased 20-fold.

Later, in 1976, Kazarian introduced AutoScript, a commercial-version
pharmacy information management system that became an immediate hit,
being purchased by hundreds of New England-area pharmacies.

In 1990, he established Infuserve America, one of the first
comprehensive infusion service companies on the East Coast. Kazarian
grew that new company quickly, generating $4 million in annual sales,
landing consulting contracts with several major case management
companies in Florida, and developing customized packaging solutions
tailored to the needs of home-bound patients at high risk for
medication-related problems.

In 1993, the diverse branches of Kazarian's consulting and dispensing
activities coalesced into The Kazarian Group, an integrated group of
companies with offices in Connecticut, Florida and New Jersey.

In addition to his business experience, Kazarian has devoted himself to
improving health care for all Americans. Kazarian has served as Vice
President of the American Society of Consultant Pharmacists (ASCP)
twice, two terms as a member of the ASCP Board of Directors, two years
as chairman of the ASCP-PAC Board of Trustees, and two years as
chairman of the ASCP Midyear Conference Planning Committee.

Additionally, Kazarian had served on Educational, Organizational, and
Professional Affairs councils, as well as the Editorial Review Board of
The Consultant Pharmacist magazine. In 1993, Kazarian received the
ASCP's Richard S. Berman Service Award. In addition to his activities
with ASCP, Kazarian has long been active in the Florida and Connecticut
pharmacists associations (CPA), previously chairing CPA's Long-Term
Care.

Kazarian's hope for the future is to bring together long-term-care
providers and nursing facility operators, pooling their resources in
creative ways, and enabling them to compete more effectively in the
tough managed care marketplace. In Kazarian's view, full use of
technology is absolutely integral to ensure that pharmacies continue to
evolve into a clinically oriented, patient-centered, service-based
profession, a view shared by KAIRE.

Kazarian began working with KAIRE earlier this year, developing the
concepts and services Vitaplanet will offer. The insight provided by
Kazarian into the current and future needs of Vitaplanet customers, and
his extended relationship with the 7,000-member American Society of
Consulting Pharmacists (ASCP), have played an important role in
creating the unique products and services Vitaplanet Online Pharmacy
will offer.

Products specifically address conditions related to the particular
market segments and target both individual customers (business to
consumer) and commercial or institutional (business to business)
customers.

The Vitaplanet Online Drug Store and Pharmacy, first announced in May
1999, and scheduled to open in September 1999, will be the first
Internet community providing dynamic interactive solutions to the
complex interrelationships between medications, disease states,
nutrition, personal care and other variables related to personal health
care.

KAIRE believes strongly in the future of the Internet and is committed
to providing the strongest possible content, to build and maintain
relationships with business and with consumers, and to establish itself
as the leading developer and operator of pure play Internet initiatives
combining unique technologies with specialized products and services.



Copyright (C) 1999 Business Wire. All rights reserved.
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CONTACT: Kaire Holdings Inc., North Hollywood
Steven Westlund, 818/255-4996; fax: 818/255-4997